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Overcoming the Barriers to Corporate Entrepreneurship

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How do organizations achieve longevity, the kind of longevity that survives long past the founder or any particular leader or leadership team? Professors of business and corporate strategy (which includes me) research and lecture about the goal of long-term “sustained” competitive advantage, driven by grand plans that mesmerize and seduce the most seasoned leaders and leadership teams. On reflection, though, I find that the evidence does not support competitive advantage as a path to longevity. Instead, longevity is based on entrepreneurial thinking and innovation – in exploring ways to adapt corporate and business strategies in response to market, technological, and social and cultural change.

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About the Author

Jim DewaldJim Dewald is the author of Achieving Longevity: How Great Firms Prosper Through Entrepreneurial Thinking. He is the dean of the University of Calgary’s Haskayne School of Business and an associate professor in strategy and entrepreneurship. Prior to entering academe, Jim was active in the Calgary business community as the CEO of two major real estate development companies and a leading local engineering consulting practice, and president of a tech-based international real estate brokerage company.

Business Performance Assessment Program Best Practice 15 – Large Group Closeout Briefings

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StrategyDriven Business Performance Assessment Program Best Practice ArticleAn effective business performance assessment program does more than simply identify performance improvement opportunities. Highly effective programs reinforce management’s commitment to and fosters a culture of continuous performance improvement among all organizational members. To achieve this, these programs must be inclusive of as a many individuals as possible throughout the assessment process; engaging personnel – from the C-Suite to the shop floor – in interviews, on assessment teams, and at the final closeout briefings.

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About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.

Profit from Happiness

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I’m often amazed when I get the tour of corporate offices before I am hired to speak. The executives complain about lack of leadership, inspiration, and teamwork. “Do you have any suggestions?” they often ask. “Yes, a good first step would be to get everyone to stop walking with their heads down, and get them to actually look and listen to each other. Maybe the pillars of your business shouldn’t be efficiency and productivity but listening and caring. Maybe then people would feel valued and empowered. Maybe then people would be inspired to work with others,” I reply.

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About the Author

Jake DuceyJake Ducey is author of the bestselling Into the Wind, The Purpose Principles, and Profit from Happiness. He speaks throughout the country, everywhere from middle schools to TEDx conferences, on consciously and responsibly creating our lives. A San Diego native, you can find him online at JakeDucey.com.

How To Find A Mentor

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How does one find, or how did you find, a mentor/mentee?

Before finding a mentor, a person should ask “what do I want to be the best at?” and then find the person whom they feel is currently the best at whatever they want to me the best at. Once you identify this person, you become a scholar at their life’s work and then you make every effort possible to make contact with this person. I think one of the best ways of doing this is to offer your potential mentor/mentee a number of ways on how you can help them out. Maybe there are some skills you have that can benefit your mentor’s career. You can offer to do administrative work for them. You need to make a personal connection with your potential mentor – make them see a piece of themselves in your eyes.

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About the Author

Ryan McCormickRyan McCormick is Co-Founder of Goldman McCormick Public Relations (www.goldmanmccormick.com) and Host & Executive Producer of the nationally syndicated Outer Limits of Inner Truth Radio Show (www.outerlimitsradio.com).

The Costs of Not Bridging the Gap Between Generations

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It is now commonplace to hear stories of Boomer and GenX managers having difficulty managing Millennials in the workplace. Most managers look at it as having to deal with differences in attitudes and experience that can lead to frustration and resentment at its worst. The truth is that the actual monetary costs of not bridging this gap between generations can be tremendous. The inability for generations to relate well with one another leads to the following issues:

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About the Author

Marc RobertsonMarc Robertson, MBA, is the founder and president of NewSkills USA and has more than 25 years of experience in the media, entertainment, and technology industries. He is the author of Working with Millennials: Using Emotional Intelligence and Strategic Compassion to Motivate the Next Generation of Leaders (Praeger, February 29, 2016).